Peter Brandt: Bitcoin’s next bull market peak will be in September 2029, and its growth trajectory is described as ‘unprecedented and unparalleled’

2025-12-262025-12-24 by admin

BlockBeats news, December 24th, renowned trader and chart analyst Peter Brandt, who accurately predicted the 2018 Bitcoin crash, stated in a post yesterday, “Bitcoin is unprecedented, and there may never be anything like it again. Over the past 15 years, Bitcoin has experienced five parabolic rallies on a logarithmic scale, followed by declines of at least 80% (the current cycle is not yet over).”

Peter Brandt also mentioned that he is deeply researching the question of “when Bitcoin will bottom out.” However, he predicts the next bull market peak will occur in September 2029.

PANews reported on December 31 that Tom Lee, co-founder of Fundstrat and chairman of BitMine, wrote on the X platform: "Typically, during these last holiday trading sessions, many institutional investors exit the market, and algorithmic trading programs and bot trading programs begin to dominate the market, along with sell-offs for tax avoidance. These constitute the market dynamics in the last few days of December." Previously, in BitMine's announcement of acquiring 44,463 ETH last week, Tom Lee mentioned that market activity tends to slow down as the year enters its final weeks of holiday season. Year-end tax-avoidance selling depresses cryptocurrency and cryptocurrency-related stock prices, with this effect typically most pronounced between December 26th and December 30th; therefore, they are adjusting their market strategy accordingly. Earlier today, it was reported that Bitmine pledged another 118,944 ETH and increased its holdings by 32,938 ETH .